CoinHarbor

Learn · Wallets and security

Sending coins safely

Lesson 3 of 3 · 4 min

Most losses happen in the last step: the transfer.

Before you press Send

  1. Copy the address, then compare the first and last 4–6 characters.
  2. Check the network (for example TRC-20 vs ERC-20 vs BEP-20).
  3. Check whether the receiver needs a memo or tag (common on exchanges).
  4. For a new address, send a small test amount first.

Clipboard malware

Some malware swaps the copied address for the attacker's. That is why you compare characters after pasting.

Fees

The network fee is paid to the network, not to the receiver. Busy networks cost more.

For education only. Not financial advice.